Asian G3 borrowers on hiatus

There have been zero bond deals from G3 Asia ex-Japan this week due to returning fears of an earlier-than-expected Fed tapering.

There have been zero bond deals from G3 Asia ex-Japan this week as borrowers step back to analyse market conditions, which have been deteriorating and could potentially threaten issuance until year-end.

Fears that the Federal Reserve Fed could reduce the pace of its bond-buying programme sooner-than-expected have emerged once again, with Dennis Lockhart, president of the Atlanta Fed, highlighting in a Bloomberg Radio interview on Tuesday that tapering “could very well take place” in December....